Oneday, the EdTech platform for entrepreneurs, secures £2.5m in seed funding
Oneday, a new EdTech platform helping aspiring entrepreneurs turn their passion into a business through expert-led coaching, community & content, has launched with £2.5 million seed funding.
The seed funding round was co-led by BrightEye VC, a venture capital firm prominent in the EdTech space, and Outward VC, the renowned venture capital firm with a focus on early-stage fintech startups in the UK and Europe. The funding round also saw participation from Flint Capital, and well-known angel investors including Joshua Wohle, CEO at Mindstone and Co-founder of SuperAwesome.
The investment will be used to expand the team, accelerate product innovation and scale up growth.
Previously, Oneday secured £750,000 in pre-seed funding, with their mission to create an alternative education system for the half of society who are not born for corporate careers, or dream of being an entrepreneur.
According to a recent survey, nearly a third of UK workers are considering changing jobs in 2022, but even more interestingly, in 2021 ‘how to start a business’ was searched more than ‘how to get a job’.
Oneday works by providing aspiring entrepreneurs with ready-to-launch ideas and matching them with wildly successful CEOs as mentors, a community of fellow founders, and all the content and tools they need to launch and fund their business. It was co-founded by Ranbir Arora and Taras Polischuk, both formerly from Sweatcoin, the health & fitness fintech app, and now are CEO and COO respectively for Oneday.
Oneday is also a champion of diversity, making entrepreneurship more accessible to everyone, irrespective of gender, ethnicity or background. In fact, 51 percent of Oneday’s founders are female, whilst 56 percent are ethnic minorities.
Greg Smith MP, Co-Chair of the Free Market Forum said: “Following the 2008 financial crisis, a huge part of our economic recovery was down to individuals taking a risk, being entrepreneurial and starting new ventures. We need that same spirit to grow the UK economy following the damage Covid restrictions wreaked. The ambition for a million new businesses by 2025 is to be encouraged and I wish OneDay well in their venture to secure this entrepreneurialism and drive.”
Ranbir Arora, CEO & Co-founder of Oneday, comments: “Today, the careers that we aspire to are all within the passion economy; as people are sat in their cubicles in large corporations, they’re saying ‘One day I’m going to launch my own makeup line, one day I’m going to launch my own music label, one day I’m going to become a YouTuber’.
“For corporate career paths, we have this massive higher education system that helps people get those careers. But nothing exists that helps get people into these passion economy careers that they dream of. That’s why we created Oneday, so we can help everyone create lives and careers that they love.”